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Cathie Wood, Ark Invest Set New $2,600 Price Target For Tesla: 'Every Car Becomes An AI-Powered Cash Flow Generation Machine'
TargetTarget(US:TGT) Benzinga·2024-06-12 23:18

Loading...Loading...Ark Invest CEO and founder Cathie Wood may be best known for her 2018 price prediction on Tesla Inc TSLA shares. The price prediction was heavily scrutinized but came true years later and helped boost the profile of Wood and the price of many Ark Invest ETFs.Wood and Ark are back with an updated Tesla price prediction that revolves heavily on the company's autonomous vehicle ambitions.What Happened: In 2023, Ark Invest set a price target of $2,000 for Tesla for 2027. Then on Wednesday, t ...